Y Intercept Hong Kong Ltd Purchases Shares of 27,567 Laureate Education, Inc. (NASDAQ:LAUR)

Y Intercept Hong Kong Ltd purchased a new stake in Laureate Education, Inc. (NASDAQ:LAUR) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 27,567 shares of the company’s stock, valued at approximately $504,000.

A number of other large investors also recently modified their holdings of the stock. Nisa Investment Advisors LLC lifted its position in shares of Laureate Education by 3.2% during the third quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company’s stock worth $368,000 after purchasing an additional 682 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Laureate Education by 51.0% during the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after buying an additional 763 shares during the last quarter. Asset Management One Co. Ltd. raised its stake in shares of Laureate Education by 1.4% during the third quarter. Asset Management One Co. Ltd. now owns 62,777 shares of the company’s stock worth $1,043,000 after buying an additional 896 shares during the last quarter. MBM Wealth Consultants LLC raised its stake in shares of Laureate Education by 6.0% during the fourth quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company’s stock worth $320,000 after buying an additional 990 shares during the last quarter. Finally, KBC Group NV raised its stake in shares of Laureate Education by 62.3% during the third quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after buying an additional 1,564 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Laureate Education Stock Up 0.4 %

Shares of NASDAQ:LAUR opened at $19.93 on Friday. Laureate Education, Inc. has a 52 week low of $13.26 and a 52 week high of $21.73. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market capitalization of $3.00 billion, a PE ratio of 10.27 and a beta of 0.84. The company has a 50 day moving average price of $19.03 and a two-hundred day moving average price of $17.58.

Laureate Education (NASDAQ:LAUR) last issued its earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.42 by $0.20. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. The firm had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. Analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets boosted their price target on shares of Laureate Education from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Monday, February 24th.

About Laureate Education

Laureate Education, Inc, together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.